Tag Archives: Atlantic Hurricane Season Forecast

TrendWatch: How Hurricane Season Can Lead to Gas Crisis

ATLANTA, May 24, 2011 — When Hurricane Katrina shut down the majority of oil      refining capabilities in the Gulf of Mexico in 2005, prices skyrocketed overnight and incited a rush on gasoline that led to a nationwide, weeks-long gas shortage. With prices currently nearing post-Katrina levels on their own, this hurricane season could prove even… Read More »